For your own benefit? For the stock benefit? Because of technical analysis?
Just because it's a feel good number for you?
Just curious. I'd love to see it go up more, but am just curious to see your logic...
INTC is at 52-week highs and most technical analysis sites don't have any resistance points above 52-week high we hit today.
$23.80 is the PIVOT POINT R1 level but I can see that being "critical".
The PP is $23.26 but I don't see INTC dropping back to that level. It likes $23.50 which makes me think there is some large trades in the option market being finalized.
INTC has an On balance Volumn of over 8,250,000 as of this moment.
Dreamed up technical barriers are foolish here this stock is underway for $40.00
Took my first Edwards and McGee class at 40 Wall in 1959
Market is behaving confidently that tomorrow will be a NON EVENT! This stock will be up OVER $1 tomorrow on "non event" data!:) RELENTLESS ACCUM here for the longer term...the 1st $2 BUMP in price here MATTERS for ULTIMATE %%% GAINS!!!!
Intel (INTC) Crosses Pivot Point Resistance at $23.80
3 minutes ago - Comtex SmarTrend(R) via Comtex
Comtex SmarTrend(R)SmarTrend has detected shares of Intel (NASDAQ:INTC) have bullishly opened above the pivot of $23.26 today and have reached the first resistance level of $23.80.
We are watching for a cross of the next upside pivot targets of $24.10 and $24.94. Also, the shares are currently trading above the 50-day moving average of $20.87 and above the 200-day moving average of $20.53.
In the last five trading sessions, the 50-day MA has climbed 0.36% while the 200-day MA has remained constant.
In the past 52 weeks, shares of Intel have traded between a low of $17.60 and a high of $23.56 and are now at $23.81, which is 35% above that low price.
SmarTrend currently has shares of Intel in an Uptrend and issued the Uptrend alert on April 20, 2011 at $21.19. The stock has risen 10.9% since the Uptrend alert was issued.